New York § 1406 - 1406Annual report
Full text of New York New York Consolidated Laws § 1406 — 1406Annual report, with citation guidance and answers to common questions.
§ 1406. 1406Annual report
§ 1406. Annual report. 1. Each registrant shall annually submit a report to the commission no later than the thirtieth of June of each year, which shall include the following information as it shall apply to accounts held by authorized players located in New York state: (a) the number of accounts held by authorized players on all platforms offered by the registrant, and the number of accounts held by highly experienced players on all platforms offered by the registrant; (b) the total number of new accounts established in the preceding year, as well as the total number of accounts permanently closed in the preceding year; (c) the total amount of entry fees received from authorized players; (d) the total amount of prizes awarded to authorized players; (e) the total amount of interactive fantasy sports revenue received by the registrant; (f) the total number of authorized players that requested to exclude themselves from contests; (g) any additional information that the commission deems necessary to carry out the provisions of this article. 2. Upon the submission of such annual report, to such extent that the commission deems it to be in the public interest, the commission shall be authorized to conduct a financial audit of any registrant, at any time, to ensure compliance with this article. 3. The commission shall annually publish a report based on the aggregate information provided by all registrants pursuant to subdivision one of this section, which shall be published on the commission's website no later than one hundred eighty days after the deadline for the submission of individual reports as specified in subdivision one of this section.
Frequently Asked Questions About New York § 1406
What does New York Consolidated Laws § 1406 cover?
Section 1406 ("1406Annual report") is part of the New York Consolidated Laws, the codified statutory law of New York. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New York § 1406?
A common citation format is "New York Consolidated Laws § 1406" (New York). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New York law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New York official source linked on this page or consult a licensed New York attorney.
How does New York § 1406 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New York can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New York.